3 ms·
Cities Keep Building Luxury Apartments Almost No One Can Afford
- WarOnPrivacy 4y agohttps://archive.is/moJ4S https://archive.is/moJ4S
- bell-cot 4y ago...but obviously only a relative handful of them, or they'd have run out of apartment-seeking one-percenters by now. To really shut down construction of apartments with $High/month rent, there is nothing more powerful than a really high vacancy rate for new apartments with $High/month rent.
- throw0101b 4y agoContra: "'Luxury' construction causes high rents like umbrellas cause rain" * https://noahpinion.substack.com/p/luxury-construction-causes-high-rents https://noahpinion.substack.com/p/luxury-construction-causes...